1160 Mission Street #801, San Francisco, CA 94103, San Francisco, 94103 - 2 bed, 2 bath
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1160 Mission Street #801
San Francisco, CA 94103
ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,184Sq Ft
43,557Lot Size
Property Price
LIST PRICE$499,000
EST. MARKET VALUE
$458,823
8% AboveMARKET VALUE
SUMMARY
This Below Market Rate (BMR) Condominium is a Strong Value Opportunity, listed at $516,163—positioned well above the $466,277 Fair Market Value by -10%. While the pricing reflects BMR program requirements, the unit offers a Good Condition Rating and a spacious 1,184 sqft layout. Residents enjoy luxury amenities including a 24-hour concierge, fitness center, and panoramic city views. Located near top-rated schools like Lowell High, this property is an ideal acquisition for first-time buyers and income-eligible owner-occupants seeking a modern urban lifestyle.
Estimated Market Value
$458,823
Based on Realkey algorithm analyzing recent comparable sales in San Francisco.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1160 Mission Street #801 Subject 2 bd · 2 ba · 1,184 sqft · $388 | $499,000* List Price | 2 | 2 | 1,184 | $388 | - |
A 1160 Mission Street Sold 2 bd · 2 ba · 1,131 sqft · $373 | $422,000 | 2 | 2 | 1,131 | $373 | - |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2008, the property is approximately 16-18 years old, placing it firmly in the 'Good' category. The kitchen features functional modern cabinetry and stainless steel appliances, and the bathrooms are well-maintained. The unit is move-in ready with hardwood flooring in the main areas, though the bedroom carpeting shows minor age-related wear.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Chinese Immersion School At Deavila (9/10). Middle School: Lilienthal (Claire) Elementary School (9/10). High School: Lowell High School (10/10).
- Luxury Building Amenities
SOMA Grand offers a hotel-like lifestyle with premium services including a 24-hour concierge, fitness center, wellness studio, and an expansive outdoor terrace with a spa, BBQ area, and fire pit.
- Exceptional Value for San Francisco
Priced at approximately $516,000 for a 2-bedroom, 2-bathroom unit, this property represents a rare and highly affordable homeownership opportunity in a modern high-rise within a prime urban location.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =43557, other record lot size in square feet = 44268.
- Strict Eligibility and Resale Controls
As a Below Market Rate (BMR) unit, buyers must meet specific income limits and first-time homebuyer requirements, and the property is subject to resale restrictions that limit future appreciation.
- High Monthly Carrying Costs
The association fee of $1,328 per month is substantial and may impact the overall monthly affordability for buyers, despite the lower initial purchase price.
About 1160 Mission Street #801
First Come First Served, No Lottery! SOMA Grand modern lifestyle with 24-Hour concierge, housekeeping service twice-monthly, coffee/tea services at lobby, 24-hour security-monitored parking garage, guest parking, fitness center, outdoor spa/hot tub, club room, community lounge, wellness studio, outdoor terrace with BBQ area and fire pit, landscaped garden and elevator. 2-bedroom/2-bathroom Below Market Rate (BMR) housing opportunity available at 100% Area Median Income (AMI). Maximum income for 2 people = $129,700; 3 = $145,900; 4 = $162,100, etc. Must be 1st-time homebuyer & income eligible. Unit available thru the Mayor's Office of Housing and Community Development (MOHCD) & subject to resale controls, monitoring & other restrictions. The unit will be available on a first come first served basis starting on 10/27/2026 at 8:00 AM PST. Please visit https://housing.sfgov.org/listings/a0W7y00000KurULEAZ to view the listing and for application & program info. Open House: 10/22 (Thu), 12-2 pm, 10/24 (Sat) 2-4 pm, 10/26 (Mon) 12-2 pm. Fair housing opportunity.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2008
- Lot Size
- 43,557 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1328 / Month
Neighborhood Insights
San Francisco Unified Schools
Tenderloin Community
Grades K-5 • 0.5 mi
3/10
Redding Elementary School
Grades K-5 • 0.8 mi
7/10
Muir (John) Elementary School
Grades K-5 • 1.0 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,184 | 1,111.771 |
| Lot Size | 43,557 | 9,271.706 |
| Price | $499.0K | $1.25M |
| Price per sq ft | $421 | $1.1K |
| Built year | 2008 | 1989 |
| HOA | $1328 | $804 |
| Days on market | 44 | 67 |
Pricing History
Listed for Sale
Oct 20, 2026
$499,000
$516,163
-3% Price Drop
Initial Listing
Price Change
Sep 10, 2026
$516,163
Initial Listing